Bitcoin Dip Not Over Yet Or The Shorts Are About To Get 'Obliterated,' Says Ali Martinez
Bitcoin Dip Not Over Yet Or The Shorts Are About To Get 'Obliterated,' Says Ali Martinez
Bitcoin (CRYPTO: BTC) analyst Ali Martinez has recently shared insights on the current state of the cryptocurrency market, suggesting that the recent price action could continue.
比特幣（CRYPTO：BTC）分析師Ali Martinez最近分享了有關加密貨幣市場的最新見解，他認爲近期價格行動可能會繼續。
What Happened: Martinez, who is known for his analysis of on-chain and technical indicators, took to X to share his observations. Despite the recent market turbulence, Martinez pointed out that only $280.9 million in longs and $25.4 million in shorts have been liquidated.
發生了什麼：以鏈上數據和技術指標分析而聞名的Martinez在X平台分享了自己的觀察。儘管近期市場波動劇烈，Martinez指出只有2.809億美元的多單和2540萬美元的空單被清算。
He noted that previous mass liquidation events have seen over $1 billion wiped out. "This tells us either the $BTC dip is not over yet or shorts are about to get obliterated," Martinez wrote.
他指出，先前的大規模清算事件曾導致超過10億美元的資產被抹去。Martinez寫道：“這告訴我們，要麼$BTC的下跌還沒有結束，要麼空頭將被摧毀。”
#Bitcoin price action has been brutal, but only $280.9 million in longs have been liquidated and $25.4 in shorts. In the past, we have seen mass liquidation events of over $1 billion!
This tells us either the $BTC dip is not over yet or shorts are about to get obliterated. pic.twitter.com/PXoaKuWqfE— Ali (@ali_charts) July 4, 2024
#比特幣的價格波動很嚴峻，但是隻有2.809億美元的多單被清算了，而空單隻有2540萬美元。過去，我們曾經歷過超過10億美元的大規模清算事件！
這告訴我們，要麼$BTC的下跌還沒有結束，要麼空頭將被摧毀。pic.twitter.com/PXoaKuWqfE—Ali (@ali_charts) 2024年7月4日
Why It Matters: The recent market volatility has been a topic of concern for many in the cryptocurrency space. Recently, influential crypto VC Andrew Kang warned of a potential retest of the $40,000 support level, which could lead to a significant price correction for Bitcoin.
爲許多加密貨幣領域的人士，最近的市場波動性是一個令人擔憂的話題。最近，有影響力的加密貨幣風險投資家Andrew Kang警告稱，可能會對40,000美元的支撐水平進行重新測試，這可能會導致比特幣的價格出現大幅下跌。
However, the decoupling of Bitcoin and Ethereum (CRYPTO: ETH) from tech stocks, as discussed by Bloomberg ETF analyst James Seyffart and macro trader Alex Krüger, could be a positive sign for the market, indicating a potential maturation and offering diversification benefits.
然而，就像彭博ETF分析師James Seyffart和宏觀交易員Alex Krüger所討論的那樣，比特幣和以太坊（CRYPTO: ETH）與科技股的脫鉤可能是市場的一個積極信號，表明市場可能正在成熟，提供了多樣化的收益。
Meanwhile, a report by 10x Research suggested that Bitcoin could plummet to $50,000 if it fails to maintain support above the crucial $60,000 level.
與此同時，10x研究的一份報告指出，如果比特幣無法維持在關鍵的60,000美元水平以上的支撐，比特幣可能會暴跌至50,000美元。
Despite the market uncertainty, Mike Novogratz, CEO of Galaxy Digital, offered an optimistic outlook for cryptocurrency regulation in the United States, stating that positive legislation is likely regardless of the outcome of the next election.
儘管市場不確定性高漲，但Galaxy Digital的CEO Mike Novogratz對美國加密貨幣監管持樂觀態度，他表示，無論下一屆選舉的結果如何，都有可能出臺積極的法規。
Price Action: Bitcoin's price is trading at $59,061 in last 24 hours, marking a decrease of 1.80%. Over the past month, the King Crypto has seen a significant decline of 16.27%. However, year-to-date, Bitcoin has shown strong performance with an increase of $14,889.10, representing a rise of 33.71%, according to data from Benzinga Pro.
價格波動：比特幣的價格在過去24小時內交易爲59,061美元，下跌了1.80%。在過去一個月中，這種 king Crypto 已經出現了顯著的下跌，下跌了16.27%。然而，根據Benzinga Pro的數據，截至今天，比特幣的年初至今表現強勁，上漲了14,889.10美元，漲幅爲33.71%。
Image Via Shutterstock
圖片來自Shutterstock。
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
這個故事是使用Benzinga Neuro生成的，並由Kaustubh Bagalkote編輯